I don't know where those fairy tales come from, I don't mean from the gentlelady, but some of these special interest groups. But I'm looking at the budget, page 37, I look at this title III called ``reserve funds.'' It doesn't have any money in it, but it is called ``reserve funds.'' It is empty. It says they have all these reserve funds for tax relief, middle-income tax relief, alternative minimum tax relief, higher education, and sales tax deduction. Here is the problem: I then turn to the page where the line item is for these reserve funds, and it is zero. It is zero in the budget. All these tax cuts that are so important for families and small businesses will go away. In fact, if you ask the question, will those taxes increase in order to balance the Democrat budget? The answer is absolutely yes. Absolutely yes. And the reason you know this is that every independent organization from government who has examined this budget knows and states, we will see the largest tax increase in American history.
Kevin Brady: “I don't know where those fairy tales come from, I don't mean from the gentlelady, but some of these special interest…”
Editor's note · Context
Discussing concerns about the budget and potential tax increases during a floor speech.
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